Taxi and limousine services market include companies that provide passenger transportation services by cars used as taxis and limousines. Taxi services generally do not function on routine schedules and limousine services are usually hired being a chauffeur driven luxury car and this industry does not merely involve transporting passengers to or from hotels and airports using buses or vans.
The report titled, “Taxi And Limousine Services Global Market Report 2018 Including: Mobile Application Based Taxi Services; Other Taxi Services Covering: Uber, Lyft, Yellow Cab, Limo City, Eti Taxi Service” offers the strategists, marketers and senior management with the required information such that they can well evaluate the global taxi and limousine services market. It very well compares the taxi and limousine services market with other segments of the market by size and growth, historic and forecast and also investigates expenditure per capita so that a detailed analysis is conducted.
The markets covered in the report mainly include: Mobile Application Based Taxi Services; and Other Taxi Services across all regions- Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa wherein Uber, Lyft, Yellow Cab, Limo City, and Eti Taxi Service have been observed as the major players in the market.
The global taxi and limousine services market has registered a valuation of about USD 94 billion in 2017 wherein Western Europe has reckoned to be the largest region with about 0.3% of the global market. However, USA has been noticed as the largest country accounting for near about USD 12 billion in the global market. Moreover, it has been observed that the shared transportation system is evolving really fast in transit and ground passenger transportation industry because of the cost benefits that are given to citizens around the world.
The industry involves various types of passenger transportation services like drivers, taxis, bikes, and buses under a single platform. The citizens around the world can avail services of a transportation system either by paying a subscription fee or a one-time fare, and also they can earn money by sharing their own vehicles with the upcoming trends in the industry. For example, back in 2013, US-based startup Downtown Project had launched the “Project 100” transportation system for Las Vegas and it served as a comprehensive transportation system that permitted the users to borrow bikes, shuttles, and small electric cars, and even get a driver by paying a subscription fee.
Across the globe, there have certainly been some instances including ride sharing companies like BlaBla Car and Drivezy, which are allowing their users to rent vehicles of their choice by payment of a membership fee and making travel a lot more convenient for them. Recently, the on demand cab service providers namely- Uber and Ola Cabs, are also offering shared ride services known as Uber POOL and Ola Share in the industry respectively.
Over the years, an increase in the overall consumer spending has been witnessed and accordingly, the corporate profits have spurred with respect to growing demand in the industry. In the years to follow, technological innovations are further expected to be fruitful in generating a rejuvenated business confidence supported with rising levels of consumer spending and augmented demand for these services.
Key topics covered in this report:
Global Taxi and Limousine Services Market Research Report
Global Taxi and Limousine Services Growth Analysis
Global Transit and Ground Passenger Transportation Industry Insights
Global Taxi and Limousine Services Market Competitors
Global Taxi and Limousine Services Market Demand Evolution
Mobile Based Global Taxi Services Future Outlook
Global Taxi and Limousine Services Market Segmentation
Global Taxi Service Industry Statistics
Global Taxi and Limousine Production Volume
Global Taxi and Limousine Software Market Trends
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Ankur Gupta, Head Marketing & Communications